Abstract
The concept of entrepreneurial development in Nigeria is not new. Many viewpoints attuned to it, as cornerstone for economic development. What about factors affecting its growth? More importantly, what development connotes in sociological palace. Hence, the study examines factors affecting entrepreneurial development in Biu, LGA Borno State, Nigeria. Primary and secondary sources of data gathering was used. The study population consist about 1242 small-scale entrepreneurs. Due to dearth of financial capability, the study made use of Taro Yamane’s formula to determined the sample size and approximately 400 participants are selected with the aid of simple random sampling technique and structured questionnaires were administered to the respondents. Simple percentages, were used to tabulate the results while chi-square was used to test the hypotheses. Social action theory by Max Weber, was used to backed the study. The results showed that factors such as low electricity supply, infrastructural decay, corruption, inadequate skills, inadequate credit facilities, and security challenge must be addressed quickly in order to create enabling environment for business enterprises generally. The study further established that the aforementioned findings, consequentially, have dreadful implications for growth and development in Nigeria. Therefore, the study greatly emphasized as its major recommendation, the need for the government and its agencies to deploy more commitment in order to sustain policies that will advance the headway of entrepreneurial development in Nigeria. To a large extent, it will spur the nation toward achieving SDGs (agenda 9) which, Nigeria is a signatory among comity of the world.